Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Swedish Krona/Canadian Dollar (FOREX:SEKCAD)
Bull Market Weakness (+75) - SEKCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKCAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCAD
The long-term trend has been UP since Mar 3rd, 2020 at 0.14121025
The intermediate-term trend has been UP since Feb 28th, 2020 at 0.13901818
The short-term trend has been DOWN since Jun 2nd, 2020 at 0.14459404
Smart Scan Analysis for SEKCAD
Based on our trend formula, SEKCAD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).